SFC fines
October 10, 2017 BY LeapRate Staff

Arab Global Commodities DMCC fined in the US for copper futures Spoofing

The U.S. Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges against Arab Global Commodities DMCC (AGC), a proprietary trading firm headquartered in Dubai with several trading offices in India, for engaging in the disruptive trading practice of “spoofing” in the copper futures contract traded on the Commodity Exchange, Inc. (COMEX) between March…

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October 10, 2017 BY Mariela Naydenova

Ethfinex and Cofound.it Collaborate to Bring Trust to Blockchain Economy

Cofound.it, the leading platform for training the world’s most promising blockchain startups, and Ethfinex, the community-focused ERC20 token exchange and information hub spun out of Bitfinex, have today announced a collaboration aimed at strengthening trust between crowdsale supporters and blockchain startups. Based on a shared long-term vision to provide services that support the entire blockchain…

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DFSA
October 10, 2017 BY LeapRate Staff

Grace Reisinger and ROF Consulting hit with $2 million judgment for Commodities Fraud

The U.S. Commodity Futures Trading Commission (CFTC) has announced that the Honorable Joan B. Gottschall of the U.S. District Court for the Northern District of Illinois entered a Final Judgment and Order against Grace Elizabeth Reisinger of Grand Island, Nebraska and her company ROF Consulting, LLC (ROF) for operating a fraudulent commodity pool scheme. The Order, entered on October…

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October 10, 2017 BY Mariela Naydenova

The Biggest Issue With Bitcoin: It Cannot Be Taxed

The cryptocurrency market has exploded over the last two years, with almost 1600%, and for the last 12 months - with around 600%. That is tremendous growth, especially for Bitcoin that is heating up discussions and "worries" from governments around the world about its plausibility and future in numerous industries. According to cybersecurity expert, John…

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fma warning
October 10, 2017 BY Valentina Kirilova

Italy regulator CONSOB warns against Tradelux Group Ltd firm

The National Commission for Companies and the Stock Exchange (Commissione Nazionale per le Società e la Borsa – CONSOB) has reported that the company Tradelux Group Ltd is not authorised to provide investment services and activities in Italy by any means and, therefore, including through the website www.optionint.com. The CONSOB is the public authority responsible…

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Go Plus account high volume traders
October 10, 2017 BY LeapRate Staff

GO Markets launches GO Plus+ account for high volume FX traders

ASIC regulated Retail FX broker GO Markets has announced the launch of its new GO Plus+ account, providing an advanced trading experience targeted at high volume traders. This brand-new account option seeks to reduce spreads, and therefore clients’ overall trading costs, with the addition of aggregated Bank, Non-Bank, and ECN pricing on Margin FX (Forex) and Metals.…

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Abu Dhabi Securities Exchange launches its new digital platform Sahmi
October 10, 2017 BY Valentina Kirilova

ADX develops innovative digital services as part of a seamless investor experience

Abu Dhabi Securities Exchange (ADX) has unveiled its latest digital services as part of its participation in the Abu Dhabi Digital Government stand, during GITEX Technology Week 2017. The showcase featured a wide range of innovative digital services, all of which have been custom designed to improve investors’ transactions and trading activities. ADX’s showcase highlighted…

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